Fundraising Fox

Sands Capital Ventures

Crossover fund

Arlington · Seed–Late Stage · 78 people tracked

Also known as SANDS CAPITAL ALTERNATIVES, LLC · SANDS CAPITAL HORIZONS, LLC · SANDS CAPITAL MANAGEMENT, LLC

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Investment thesis

Sands Capital follows a concentrated growth investment approach centered on owning a select number of high-quality businesses. Its strategies selectively allocate capital to leading public and private companies across the growth spectrum globally, with recent thematic focus on AI infrastructure, semiconductors, power and energy, and regional opportunities such as China and Korea. The firm emphasizes long-term value creation, prudent stewardship, and enduring partnerships with clients.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Late Stage
Check
$10M – $30M
HQ
Arlington, Virginia, US
Instruments
Equity
Founded
1992
AUM
$466.9M
Tracked investments
13

Team · 78 people

from the firm's website & public directories
Andrew P. Giordano· Executive Managing Director, Client Relations and Business Development
Dana M. McNamara· Chief Administrative Officer, Executive Managing Director
Ian Ratcliffe· Executive Managing Partner
Jamey Thompson· Partner and Portfolio Manager, Sands Capital Horizons
Michael Clarke· Managing Partner, Portfolio Manager
Spencer M. Wheeler, Jr.· Partner and Portfolio Manager, Sands Capital Horizons
Stephen F. Nimmo· Executive Managing Director, Business Development and Client Relations
T. Perry Williams· President, Chief Investment Officer
Aagam Shah· Principal
Gene Riechers· Venture Partner
Amanda Golden· Sr. Associate
Ashley N. Patton· Sr. Stewardship Analyst
Benjamin H. Betcher· Portfolio Manager, Sr. Research Analyst
Danielle Menichella· Portfolio Manager, Sr. Research Analyst
Emily Ciccarello· Career Contact

Contact for career inquiries at Sands Capital.

Jerry Peng· Global Strategy Officer
Jerry Wang· Research Associate
Jery Tang· Sr. Research Associate
Jessica Sun· Research Analyst
Joseph R. Andrasko· Chief Executive Officer and Chief Investment Officer, Sands Capital Horizons
Katherine Bates· Research Analyst
Kelly L. Rogal· Sr. Research Analyst
Kshitij Seth· Associate
Luke Iglehart· Consultant Contact

Contact for consultant inquiries at Sands Capital.

Matt Alsted· Media Contact

Contact for media inquiries at Sands Capital.

Matthew Buckley· Research Analyst
Morgan Fleites· Chief of Staff and Director, Client Advisory, Sands Capital Horizons
Morgan Lee· Director, Sr. Counsel
Namita Kumari· Associate, Technical Research
Padmaparna Chaudhuri· Director of Technical Research
Philip J. Caraci· Portfolio Specialist
Sam Stalfort· Research Associate
Shreya Singh· Sr. Associate
Stephen Nimmo· Investment Contact

Contact for investment inquiries at Sands Capital.

Susan H. Saunders· Director of People Operations and Development
Thomas H. Trentman· Sr. Portfolio Manager, Research Analyst

Senior portfolio manager who analyzes signs of potential market bubbles, including in AI.

What they invest in

from 7 of 13 portfolio companies

Enterprise Software ×4Data & Infrastructure ×3AI & Machine Learning ×2Cloud Computing ×2Developer Tools ×2SaaS ×2Biotech ×1Creator Economy ×1

HQs:United States×7Ireland×1

Investments · 13 tracked

founders shown can be your intro path
MercadoLibreNASDAQ: MELI

Latin American e-commerce and fintech platform expanding access to markets and money for millions.

Hungry Marketplace, Inc.SEC filingmedium confidence

Arlington, US

Board seatMichael Graninger· per SEC Form D · $7.3M raise · filed Jun 2024

SeLux Diagnostics, Inc.SEC filingmedium confidence

BiotechCharlestown, US

Eric Stern(Executive Officer, Director, Promoter)James Parker Cassidy(Director)Scott Yaphe(Director)Steven E. Lufkin(Executive Officer, Director)Aleksandar Vacic(Executive Officer, Promoter)Michael Rubin(Director)

Board seatStephen P. Zachary· per SEC Form D · $1.7M raise · filed Oct 2020

AppDynamicsappdynamics.comin𝕏

AppDynamics (now part of Splunk Observability) provides full-stack observability and application performance monitoring for hybrid, on-premises, and multi-tier applications, helping enterprise teams troubleshoot performance and security issues linked to business impact.

Data & InfrastructureDeveloper ToolsEnterprise SoftwareSan Francisco, US

David Wadhwani(Executive Officer, Director)Charles J. Robel(Director)Randy S. Gottfried(Executive Officer)Ravi Mhatre(Director)Dev C. Ittycheria(Director)Jyoti Bansal(Executive Officer, Director, Promoter)

Baseten Labs

San Francisco, US

Gabe Stern(Executive Officer)Jay Simons(Director)Shravan Narayen(Director)Philip Howes(Director)Amir Haghighat(Executive Officer, Director)Danielle Herzberg(Executive Officer)

PartnerScott Frederick· solo GP

Brightflagbrightflag.comin𝕏

Brightflag provides an AI-powered enterprise legal management platform for corporate legal departments and outside counsel to collaborate, manage work and spending, and improve operational efficiency.

AI & Machine LearningEnterprise SoftwareLegalTechDublin, IE

Ian Nolan(Co-founder)inAlex Kelly(Co-founder)in

Databricksdatabricks.comin𝕏

Databricks provides a unified platform for data engineering, analytics, and artificial intelligence, enabling organizations to build and deploy data and AI applications on cloud infrastructure.

AI & Machine LearningCloud ComputingData & InfrastructureEnterprise SoftwareSan Francisco, US

Ali Ghodsi(Executive Officer, Director, Promoter)Ion Stoica(Executive Officer, Director, Promoter)Matei Zaharia(Executive Officer, Director, Promoter)David Conte(Executive Officer)Tram Phi(Executive Officer)

BoardPeter Sonsini(Director)

Delta Electronics

Helps customers use electricity more efficiently across data centers, factories, transportation, commercial buildings, and telecommunications networks.

FPT

Vietnamese company using education to drive digital transformation and human-capital development.

Kitkit.comin𝕏

Kit provides email marketing and commerce tools for creators and independent businesses to reach audiences and monetize their work through newsletters and storefronts.

Creator EconomyMarketing TechSaaS

Nathan Barry(Founder + CEO)

MuleSoftmulesoft.com

San Francisco, US

Gregory G. Schott(Executive Officer, Director)Ravi Mhatre(Director)Matthew Langdon(Executive Officer)Gary Little(Director)Ann Winblad(Director)Steven Collins(Director)

pgEdgepgedge.comin𝕏

pgEdge provides a platform for building, deploying, and running highly distributed database applications across global networks using PostgreSQL.

Cloud ComputingData & InfrastructureDeveloper ToolsAlexandria, US

Phillip Merrick(CEO and Co-Founder)Denis Lussier(Director)Dave Page(Chief Technology Officer)in

BoardBenjamin Fried(Director)Gene Riechers(Director)

Red Siftredsift.com

Red Sift provides email authentication and domain security software for security and IT teams, helping them deploy DMARC, SPF, DKIM, and related protocols to prevent phishing, brand impersonation, and email spoofing attacks.

CybersecurityEnterprise SoftwareSaaS

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Frequently asked questions

What stage does Sands Capital Ventures invest at?
Sands Capital Ventures invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What is Sands Capital Ventures's typical check size?
Sands Capital Ventures typically writes checks of $10M – $30M.
What sectors does Sands Capital Ventures focus on?
Sands Capital Ventures focuses on AI & Machine Learning, Biotech, Cloud Computing, Consumer, Cybersecurity, Data & Infrastructure, Energy, Healthtech, Robotics, Semiconductors.
Where is Sands Capital Ventures located?
Sands Capital Ventures is headquartered in Arlington, US.

Images

Sands Capital Ventures photoSands Capital Ventures photoSands Capital Ventures photoSands Capital Ventures photoSands Capital Ventures photoSands Capital Ventures photo

Co-investors · 9

FPV

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Decibel Partners

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BDC Venture Capital

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$365K – $25.6M
33N

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$4.3M – $13M
GGV Capital

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$5M – $50M
Mozilla Ventures

Mozilla Ventures invests in mission-driven founders whose products align with the Mozilla Manifesto, focusing on companies building outside the influence of big tech and academia.

Florida Funders

Florida Funders is a venture capital firm that invests in early-stage B2B technology companies and supports founders with a network of accredited investors, media distribution, and operational help.

$50K
Dreamcraft

Dreamcraft is a venture capital firm that invests in proprietary audiences, communities, and IP that capture and monetize scarce human attention in a post-AI world.

IGT

IGT is a gaming technology company that, following its combination with Everi, supplies casino operators with slot games, cabinets, systems, digital platforms, and fintech solutions. It is an operating business rather than an investment firm.

Firms observed investing alongside Sands Capital Ventures, from public investor directories. Shared companies are the overlap with Sands Capital Ventures's recorded portfolio.

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